Pound Recovery Looks Distant on Weak U.K. Data, `Brexit' Risks

  • Inflation and wages data forecast to remain little changed
  • Clarity on referendum date expected from Feb.18-19 EU summit

Pound bulls hoping for a sustained recovery in the currency may be disappointed as next week brings a combination of domestic data and a European Union summit that may confirm the timing of the U.K.’s referendum on its membership.

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